Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Vitas who wrote (18748)	5/19/1998 5:51:00 PM
From: bobby beara	Read Replies (1) of 94695

Vitas, the turn is the Vital thing and tomorrow we most likely enter positive territory to set in place the loooooooong awaited buy spike. Finally I will be able to get everyone off my back -gggg- Fundamental confirmation for the coming move to near 10,000: The S&P index is a nicely shaped inverted H&S in YEN and is up several more percentage points than in dollars this year (sorry don't have the exact #) Remember my note about Japanese taking money out of their banks and sticking it in Citibank. 1989 real estate bubble deja vu all over again. In SEA currencies the S&P is a skyrocket. This is probably the fundamental reason for a yawn to the FOMC decision, most of the money to fuel the tip of the bubble will be foreign money. bwdik, bb

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